FREE Medium Slurpee | 7-Eleven

Forever 21 Filing for Bankruptcy?!

Forever 21 store front
Forever 21 is said to be preparing for a potential bankruptcy filing. According to, Forever 21 has been trying to secure additional financing in an effort to restructure its debt.
Although Forever 21 has yet to comment, it has reportedly been exploring bankruptcy as an option. 

hangers at Forever 21

Filing bankruptcy would allow Forever 21 to eliminate unprofitable stores and recapitalize the business, but the vacancies left behind by the closing stores would cause a significant issue for shopping malls.
Forever 21 is one of the more sizeable tenants still hanging on in many struggling malls. If those stores close, shopping centers would likely have a hard time filling those vacancies.